I am in the market for another vehicle. We can’t swallow another $600+ payment on a new one so we are looking for a service loaner/demo one. I am having difficulties getting any dealer’s attention. I have found a few in the DMV area but they are giving a discount of only 13% on a loaner. I have contacted 9 dealerships across the nation. I have seen many other members getting up to 20%! Am I doing something wrong? I have contacted a few brokers on here but they ave slim pickings on a loaner for given reasons. I just want to know where other members have gotten their loaner vehicles from so maybe I can contact a dealership willing to play ball!
My end goal is to get a M40i with an MSRP around $64K for under $500 (pre-tax)
Growing family + tight budget <> “fun to drive”.
Payments maybe close on both but M40 is rarer car hence harder to get the same discount + loaner
But good luck, anyway
Didn’t say tight budget, I said… cannot swallow another $600+ payment. That is why I made this thread to see how others are doing it or getting their deals from. If I wanted to be integrated, I would just talk to my wife about it
Yup. I guess I have to wait it out till sometime pops up. I wish there was a BMW of Annapolis connect on here cause they got 4 perfect loaners but aren’t budging on pricing. Selling it at new prices vs loaners with bigger discount
If you’re in a hurry I’d aim for 14-16% off a new vs. demo. With the residual hit of a loaner, coupled with the $500 CCA rebate for a new, you may end up at the same payment with less farts.
Sorry: that (~$600) is about what they’re going on a great deal unless you get a stripper model.
Even our own 64K example wound up just under $600/mo qualifying for every incentive save for graduate and military. Raise your budget or lower your expectations.
Personally, I think you’re setting improper expectations for an m40.
If you’ve been able to do that on hot models, I praise you for the achievement, but these are the types of replies that make people expect the unexpected.
You can aim for anything you like, just like OP is doing, but being realistic is critically important.
You wrote, “if you’re in a hurry aim for 14-16% on a new one,” implying that’s both doable and not difficult to achieve.